The Full Form of ‘IBPS’ in Education is ‘Institute of Banking Personnel Selection’.
Full Form of IBPS
The full form of IBPS in Education is Institute of Banking Personnel Selection. IBPS is an autonomous body which conducts recruitment tests and examinations for various positions in Banks across India. It was established in 1975 by the National Institute of Bank Management (NIBM) with the aim of recruiting suitable personnel for the banking sector.
IBPS has become a household name in the recruitment process for banks, since it started its operations. The organization carries out an all India level examination for the selection of personnel for various Banking posts such as Probationary Officers, Specialist Officers, Clerk and Office Assistants. Over time, it has become one of the leading recruitment agencies for banking employees and has also gained recognition from various government regulatory bodies such as Reserve Bank of India (RBI) and Insurance Regulatory Authority (IRDA).
The selection process conducted by IBPS consists of a written exam which includes questions on topics related to Quantitative Aptitude, Logical Reasoning & Data Interpretation, General Awareness & Current Affairs, English Language and Computer Knowledge. The test is conducted twice a year in April-May and October-November. After clearing this exam, shortlisted candidates are called for personal interviews as part of their final selection process.
Apart from conducting exams for bank employees only, IBPS also provides training programs to candidates who wish to take up careers in banking or financial services industry. These training programs cover areas such as Financial Accounting & Business Mathematics, Risk Management & Investment Analysis, Bank Marketing & Operations & Strategic Planning etc., which help candidates gain knowledge about various aspects related to banking operations & management.
Apart from conducting tests and providing training courses, IBPS also offers research consulting services to several corporate houses & organizations across India. It has been actively involved in research projects related to Human Resource Development / Management Issues faced by banks/financial institutions. It also publishes quarterly bulletins containing important updates on various aspects related to job opportunities available with banks/financial institutions/Insurance Companies etc., thereby keeping its readers well informed about current job market trends within banking industry.
In conclusion, IBPS is an autonomous body which conducts recruitment tests and examinations for various positions in Banks across India making it one of the leading recruitment agencies for banking employees. Additionally it provides training programs and carries out research activities related to Human Resource Development/Management issues faced by banks/financial institutions providing valuable insights into job market trends within banking industry
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